Part 6/13:
Interestingly, Bitcoin’s price has surged past $30,000, an important psychological threshold. This milestone has prompted increased activity from institutional players and large wallet accumulations, with large holders (those owning more than 0.1% of the supply) actively stacking Bitcoin, especially after the BlackRock ETF filings. This accumulation hints at a looming supply squeeze, which the host has long predicted, estimating that a significant scarcity could push prices even higher, potentially between $42,000 and $44,000 before the 2024 halving event.